22.03.2023 - ECONOMICS, POLITICS & PHILOSOPHY
by Christof Schürmann
The housing market in Germany is coming under pressure from many sides. What are the prospects in view of significantly increased construction and financing costs and the refurbishment constraints imposed by politicians? (in German only)
16.03.2023 - Economics, Politics & Philosophy
by Thomas MayerNorbert F. Tofall
"In accordance with Article 127(1) and Article 282(2) of the Treaty on the Functioning of the European Union, the primary objective of the ESCB shall be to maintain price stability."
Source: Official Journal of the European Union
For the second year in a row, asset prices of German households fell on a year-on-year basis. At the end of the year, they were 2.9% lower than at the end of the previous year. This was due to the economic impact and monetary policy responses to rising consumer prices.
At mid-year, prices for private household assets in the Euro area continued to rise, while at the same time signs of a trend reversal are clearly discernible. While real estate prices in the Euro area were still defying the changed conditions at mid-year, prices for business wealth, equities and bonds fell significantly. While asset prices actually declined in Finland, they rose significantly in Portugal and the Netherlands at mid-year.
The FvS Konjunkturindikator (FvS-KI) maps the actual economic activity in Germany on a monthly basis, based on a set of hard real economic data. On the basis of the FvS-KI we carry out business cycle dating for Germany.
We track the development of the real economy in real time. Our activity index and other indicators are updated weekly.
We follow the development of consumer and producer prices. Rising commodity prices can lead to rising wages and thus to rising prices.
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